New York S 6166: Establishes the New York state preceptor stipend program

Bill Text

Bill Search and Legislative Information | New York State Assembly 

• 

• 

• 

• 

• 

• 

• 

• 

 Skip to main content 

 New York State Assembly

 Speaker Carl E. Heastie

 --> 
 --> 

 --> 

• 
 Assembly Members 

• 
 Legislative Info 

• 
 Public Hearings 

• 
 Speaker's Press 

• 
 Assembly Reports 

• 
 Committees & More 

• Bill Search Home
• Laws
• Legislative Calendar
• Public Hearing Schedule
• Assembly Calendars
• Assembly Committee Agenda 

 Javascript must be enabled to properly view this page. 

 - This bill is not active in this session.

 Bill No.: 

• Summary 
• Actions 
• Committee&nbspVotes 
• Floor&nbspVotes 
• Memo 
• Text 
• LFIN 
• Chamber&nbspVideo/Transcript 
S06166 Summary:

BILL NOS06166 

&nbsp

SAME ASNo Same As

&nbsp

SPONSORRYAN S

&nbsp

COSPNSR

&nbsp

MLTSPNSR

&nbsp

Amd §924-a, RPT L

&nbsp

Relates to setting a minimum and maximum delinquent tax interest rate for payments due on residential real property.

Go to top S06166 Actions:

BILL NOS06166 

&nbsp

03/06/2025REFERRED TO LOCAL GOVERNMENT

06/09/2025COMMITTEE DISCHARGED AND COMMITTED TO RULES

06/09/2025ORDERED TO THIRD READING CAL.1694

06/09/2025PASSED SENATE

06/09/2025DELIVERED TO ASSEMBLY

06/09/2025referred to real property taxation

Go to topS06166 Committee&nbspVotes:

Go to topS06166 Floor&nbspVotes:

There are no Assembly votes for this bill in this legislative session.

Go to topS06166 Text:

 STATE OF NEW YORK
 ________________________________________________________________________

 6166

 2025-2026 Regular Sessions

 IN SENATE

 March 6, 2025
 ___________

 Introduced by Sen. S. RYAN -- read twice and ordered printed, and when
 printed to be committed to the Committee on Local Government

 AN ACT to amend the real property tax law, in relation to delinquent tax
 interest rates

 The People of the State of New York, represented in Senate and Assem-
 bly, do enact as follows:

 1 Section 1. Subdivision 1 of section 924-a of the real property tax
 2 law, as amended by chapter 26 of the laws of 2003, is amended to read as
 3 follows:
 4 1. The amount of interest to be added on all taxes received after the
 5 interest free period and all delinquent taxes shall be one-twelfth the
 6 rate of interest as determined pursuant to subdivision two or two-a of
 7 this section rounded to the nearest one-hundredth of a percentage point,
 8 except as otherwise provided by a general or special law, or a local law
 9 adopted by a city pursuant to the municipal home rule law or any special
 10 law. Such interest shall be added for each month or fraction thereof
 11 until such taxes are paid; provided however, that notwithstanding any
 12 provision of general, special, or local law or resolution to the contra-
 13 ry, beginning in all local fiscal years commencing in calendar year two
 14 thousand twenty-six and thereafter, in no case shall the interest rate
 15 of delinquent tax payments due on residential real property exceed the
 16 prime interest rate, as determined by the commissioner, provided that in
 17 no instance shall the interest rate subceed two per centum per annum or
 18 exceed sixteen per centum per annum; and provided further that this
 19 limitation shall apply to units held in condominium form; and provided
 20 further that such limitation shall apply to all buildings held in coop-
 21 erative form regardless of owner occupancy status; and provided further
 22 that this limitation shall not apply to real property that is vacant and
 23 abandoned, as defined in subdivision two of section thirteen hundred
 24 nine of the real property actions and proceedings law, which was listed
 25 on the statewide vacant and abandoned property electronic registry, as

 EXPLANATION--Matter in italics (underscored) is new; matter in brackets
 [ ] is old law to be omitted.
 LBD10762-01-5

 S. 6166 2

 1 defined in section thirteen hundred ten of the real property actions and
 2 proceedings law, and remains on such registry. This subdivision shall
 3 supersede any local tax act, code, law, rule, regulation, ordinance or
 4 resolution setting an interest rate above sixteen per centum per annum
 5 of delinquent tax payments due on residential real property. The
 6 initial determination of the effective prime interest rate shall be
 7 based on the two thousand twenty-six rate. Subsequent determinations
 8 shall be made every five years thereafter.
 9 § 2. This act shall take effect immediately.

Go to top 

• 

 Sitemap 

 Request Information 

 Directions and Maps